Auction Information

Auctions Make Money!


An untapped online business resource--outside of your basic Yahoo and Ebay, among others--is setting up your own auction sales venue.

Since most families have items in their home that have outlived their usefulness, they can get started at online auctions for mere pennies.

And, most selling online at auctions does not have start-up or membership fees. There is a nominal fee per item listed and a percentage commission on each sale. Still, you come out ahead.

With this minimum investment, many are flocking to auction sites to gain additional income to get their families and selves through the seemingly ever present economic downturn.

Besides the low financial risk, individuals see auctions as one of the select few online vehicles where scams are not associated, or not as prevalent as with most online business opportunities. Plus, a majority have ongoing fees which you must absorb; auctions do not.

As with most home business opportunities, to be successful at online auctions also takes time to learn the ropes. Many auction sites do much of the work for you, providing standard formats for the sellers to insert data. Sites further assist in communications between buyer and seller as well as additional support.

Perhaps the toughest part is finding the right products to sell. Don't think for a moment that Uncle Charlies' false teeth in a jar that you've preciously held onto for years will fetch thousands of dollars, although nowadays you never know. Irregardless, with sites such as Ebay with over a thousand categories, that remedies that headache!

With over 30 years of media experience plus background in special events, fundraising, development, grant writing and administration plus Internet marketing, Walt Pfarr is now writing his own e-course, ebook and soon will publish the PfarrOut ezine newsletter. He and his wife, Joann, reside in Oklahoma and he may be reached at walterpfarr@lycos.com


MORE RESOURCES:

Banks Boost Yield Through FDIC Auctions
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... to consumers and small businesses, they don't really have to yet - they're growing loan books through Federal Deposit Insurance Corp. auctions instead. ...

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BigPond News

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USA Today

A 1931 Detroit Electric car heads to the auction block
USA Today
RM Auctions, which is putting the 1931 model on the block this weekend through its Auctions America by RM subsidiary, says as few as 110 Detroit Electric ...

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Stuy Town foreclosure auctions blocked for now
Reuters
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Telegraph.co.uk

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Auctionbytes

Paris court upholds eBay counterfeiting conviction
BusinessWeek
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Japanese Yields Jump, Hit Two-Month High
Wall Street Journal
A fresh round of auctions, particularly the Sept. 10 five-year sale, could keep upward pressure on yields should demand be weak. ...
JGBs drop; sale sours sentiment, jobs eyed for reliefReuters
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New Zealand Herald

Milk-Powder Prices Increase at Auction, Fonterra Says
BusinessWeek
2 (Bloomberg) -- Milk-powder prices surged 25 percent at auction after slumping for the previous four months, according to Fonterra Cooperative Group Ltd., ...
Prices rebound at latest Fonterra auctionDairyReporter.com
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Govt to replicate 3G e-auction mechanism for other sectors
Economic Times
The e-auctions for 3G and BWA spectrum were completed in May and June this year, which saw the government mopping up more than Rs 1.06 lakh crore in revenue ...
Centre may adopt 3G auction mode for allAsian Age
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